"The Sunny Side of the Street"

NAVIGATION:      

CHARTS OF INTEREST FOR THIS COMMENTARY
QQQ INDU FRE
     

NOTE: As a Platinum Zone member, you may call Sunny at (760) 930-1050 if you have any questions about terms used herein.

Commentary

MONDAY NIGHT, OCT 21, 2002:

There's  not much to say tonight.  We are still long both the intraday and daily models.  I took profits as we approached the Attractor today (and alerted you to it as well) and then got back into the long position as we started upward again.

For now, we are still watching the two overlapping cycles do their business, carrying us to higher prices.

The Dow went right to its previously stated Attractor today at 8526, and passed on through it.  A great show of strength.  The QQQs went right on to their Attractor as stated in Sunday night's commentary, pushed a little beyond, and then pulled back slightly to close at 24.29. 

QQQ Investors: hold long with a stop below us at 21.00. 

Traders: Hold long but go flat if we hit 23.75 (or of course if we get a sell signal).

RSI on the 15-minute chart is rounding downward, so we might be in for a slight correction, but I think the double cycles will continue pulling upward with some continued strength.

 

NAVIGATION:      

 

How Did We Do?
Click here to view archives of past Platinum Zone commentary, including the Weekend Stock Alerts.

Weekend Stock Alerts

Analysis of the past week's stock picks will be available Monday about noon PST.

Click Here to go to the Weekend Stock Alerts Archives to view prior weeks' performance.

This week's (10/20/2002) Sunny Side of the Street Weekend Stock Alerts:

Symbol BreakOut Run To Stop Loss Triggered? Goal Met? Net P/L 1000 shares
AMGN 52 55  
BDK 47 50  
CBE 35 45  
ABT 44.19 48  
CLX 43 44  
COST 36 38  
TOTAL

The premium levels of membership to "The Sunny Side of the Street" get more details, more commentary and more charts.  The Gold and Platinum levels get access to intraday analysis.  If you are interested, give us a call at (760) 930-1050.  State your name over the answering device, and if she's not in the middle of a trade Sunny will pick up and talk with you personally.  If she's not immediately available, Sunny will call you back as soon as she can, so please leave your name and state your phone number slowly.  Thanks!

The passwords to the premium zones change every day, and you will receive it by email with your notification that the commentary has been posted.  You must be a subscriber to view the Platinum and Pay-per-view zones.

DISCLAIMERS:

Statistics, tables, charts and other information on trading system monthly performance is hypothetical unless otherwise specified, and is based on the referenced systems hypothetical monthly performance as it would be executed through TradeStation Securities if per the contract/account balance and other specifications noted in the performance tables. Actual dollar and percentage gains/losses experienced by investors would depend on many factors not accounted for in these hypothetical statistics, including, but not limited to, starting account balances, market behavior, incidence of split fills and other variations in order execution, and the duration and extent of individual investor participation in the specified system. Fees, commissions, and other expenses are not accounted for herein, and will affect investors net results in actual trading. While the information and statistics given are believed to be complete and accurate, given the hypothetical specifications, we cannot guarantee their completeness or accuracy. THIS INFORMATION IS PROVIDED FOR EDUCATIONAL/ INFORMATIONAL PURPOSES ONLY. These results are not indicative of, and have no bearing on, any individual results that may be attained by the trading system in the future. PAST OR HYPOTHETICAL PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

The CFTC requires the following disclosure statement in reference to hypothetical results:
HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.

These trading systems, like any other, may involve an inappropriate level of risk for prospective investors. THE RISK OF LOSS IN TRADING COMMODITY FUTURES AND OPTIONS CAN BE SUBSTANTIAL AND MAY NOT BE SUITABLE FOR ALL INVESTORS. Prior to purchasing a trading system from this or any other system vendor or investing in a trading system with a registered commodity trading representative, investors need to carefully consider whether such trading is suitable for them in light of their own specific financial condition. In some cases, futures accounts are subject to substantial charges for commission, management, incentive or advisory fees. It may be necessary for accounts subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. In addition, one should carefully study the accompanying prospectus, account forms, disclosure documents and/or risk disclosure statements required by the CFTC or NFA, which are provided directly by the system vendor and/or CTA's.

The information contained in this report is provided with the objective of "standardizing" trading systems performance measurements, and it is intended for educational /informational purposes only. All information is offered with the understanding that an investor considering purchasing or leasing a system must carry out his/her own research and due diligence in deciding whether to purchase or lease any trading system noted within or without this report. This report does not constitute a solicitation to purchase or invest in any trading system which may be mentioned herein. SUNNY HARRIS & ASSOCIATES, INC, SUNNY HARRIS and/or  DOYEN CAPITAL MANAGEMENT MAKE NO ENDORSEMENT OF THIS OR ANY OTHER TRADING SYSTEM NOR WARRANTS ITS PERFORMANCE. THIS IS NOT A SOLICITATION TO PURCHASE OR SUBSCRIBE TO ANY TRADING SYSTEM.